Worth reading: Achoo, Instagram, Spotify, Wrapp, Zalando

There are so many interesting stories out there and unfortunately we don’t have the time to cover all of them. With our section “Worth reading” we provide you (once in a while) with some links to interesting articles of other publications:

Achoo is a new way to say “achievement”, and a name of a professional network from Estonia for freelancers and consultants. Its tagline is “socially accepted bragging”, and its focus is on sharing its members’ achievements rather than positions or client names. It launches today. Read more about it on GoalEurope.

Facebook has just acquired Instagram for $1 billion and one of the 11 employees set to become millionaires is from Berlin. Gregor Hochmuth who has only been working for Instagram since January also received shares to top up his pay. $100 million will reportedly be shared amongst the 11 employees. For further info visitSiliconAllee.com.

Spotify just rolled out a new embeddable button for Web publishers. The Play Button will let you embed any Spotify song, album or playlist directly through your website. This essentially lets you tap 16 million tracks and let your readers play legal music directly on your website, much in the same way as you can do with YouTube videos. Read more about this on TheNextWeb.

It’s been interesting to track Wrapp‘s growth against the Rocket Internet competitor Dropgifts. Wrapp is now launching in Taiwan, which heads their first expansion outside of Europe. Wrapp is already present in Sweden, the UK, and Norway, and will soon be live in Germany, France, and the United States. Find out more about it on ArcticStartup.

The Zalando shareholders DST Global and Kinnevik have recently increased their shares in the European Zappos clone. The two investors used an option to increase their shares at the same conditions that was granted them within the last round of financing in January. DST Global is now owning about 10% of Zalando. Read more about it (in German) on ExcitingCommerce.

1 COMMENT

Zuckerberg is impressive… He knew that it would be much harder to refuse him personally instead of a bunch of lawyers. Not a lot of people have the guts to refuse 1$ Billion dollar from celebrities, even though Kevin Systrom will regret it in a year or 2.